The Baltimore Development Corp. announced on Thursday that it had entered into exclusive negotiations with Live Nation and SMG to take over management of the city's Pier Six Pavilion.
The seven-year contract to manage the Inner Harbor concert venue would take effect in 2017 and could be extended for another three years. Any deal is subject to approval by the Board of Estimates.
If approved, Live National and SMG would replace The Cordish Cos., which did not apply to renew its contract.
"We're grateful that the BDC sees that Live Nation and SMG are uniquely positioned to take...